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Search Results 0 to 49 of about 54 (some duplicates have been removed)
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
bieber. oh, my god! >> what would you do if justin bieber crashed your wedding, the big day, without an invite. the couple with the wedding video everybody is talking about join us here on "gma." >>> good morning, everyone. george is enjoying a little break with the family and our family member, david muir, is back with us. >> crashing your party. >> justin bieber, david muir, the same thing. >> it's not quite the same thing. >> it is. >> nonetheless. >> how about this extreme weather? >> really something, these pictures coming in. >> from phoenix blowing in last night going through right there. that dust storm, and then these temperatures all -- the majority of the country feeling it, david. >> smoke alarms going off because of the heat. then alarms going off here, these are different kinds as team usa is in the house. look at them just arriving moments ago. what a homecoming. >> we're going to really celebrate with them coming up. love to see them here in times square on our home turf. >> huge crowd for them there this morning. >>> we'll begin with the high-stakes drama unfolding a
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
. >> that money could make a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: once again today, debt-laden governments in europe grappled with massive public anger over austerity measures they'd imposed. in greece, the government won a bitter struggle today to rein in debt for bailout help. and in britain, civil servants took the streets. a tense calm returned to athens, greece today, but shards of glass lay strewn on the sidewalks and charred debris was stacked in the streets. they were the remnants of riots that raged into the night as protesters set fires and battled police, who fought back with clouds of tear gas. even so, the greek parliament voted today to implement the austerity measures it had endorsed yesterday. the international
& friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, hid, played dead, and tried
, materials. >> that money could make a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: high-level democrats and republicans alike said today's meeting at the white house marked the beginning of the end game in reaching a final deal on deficit reduction. the president and congressional leaders convened in the white house cabinet room, amid talk of a grand bargain involving social security, medicare and tax reform. when it was over, mr. obama made an unscheduled appearance in the briefing room. >> i thought it was a very constructive meeting. people were frank. we discussed the various options available to us. everybody re-confirmed the importance of completing our work and raising the debt limit ceiling so that the full faith and
markets. >> that is a big statement. house democratic leadership team coming out saying that. the house has rejected the 14th amendment solution. but we're still six days out. for leaders like mr. clyburn to go down that road gives the president some pretty good cover and a pretty good idea. the president doesn't want to overreach, but his base would love it. it's going to wipe out any discretionary cuts that would hurt low and fixed income americans. get your cell phones out, i want to know what you think. should the president invoke the 14th amendment to resolve the debt crisis? text a for yes, b for no to 622639 and can you always go to our new blog at ed.msnbc.com. >>> joining us now is donna edwards of maryland. she's a member of the progressive caucus. congressman elliott engle, jared nabler are holding a press conference to urge president obama to use the 14th amendment as a backup option. would you join those folks tomorrow? what do you think about the 14th amendment option right now? the white house has said repeatedly no, but the game could change. what do you think? >> let me
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
mean they've got to pass something big and get it implemented quickly if we're not going to blow past that anyway. >> they really do. you heard secretary geithner yesterday saying that essentially we're running out of runway now and this is something that everyone has been dealing with for many, many months. what speaker boehner, according to one republican source, told gop lawmakers yesterday, is that they have to vote on some kind of a plan by wednesday and they have to post it on-line by today. so, you know, these are pretty tight deadlines that they're up against right now and last check, you know, they're still not close on a deal yet. nonetheless they have to get something done as he pointed out by wednesday to meet that august 2nd deadline. >> they don't have to be tight deadlines. >> never has to be tight deadlines. >> this is a crisis made in washington. >> as mark preston told me about half an hour ago, on the phone, he said guys, it's washington. that's -- >> this is how it always works. >> we'll be with you, talking many times. i have to tell you, grover norquist, the pres
into phone hacks and bribes to the police. >>> some of the other big stories we're keeping an eye on. we are learning president obama plans to meet with house and senate democratic leadership this afternoon at the white house. 2:50 p.m., to be exact. this all because we're less than two weeks away from the federal government defaulting on its obligations, and congress has yet to work out a deal. president obama's debt-cutting plan can't pass the house and the plan from house republicans can't pass the senate. house speaker john boehner reiterated tuesday that default is not in the cards. and also on tuesday, the so-called gang of six unveiled their plans. it was called, quote, more plan to have a plan. republicans are united against any tax increases, and democrats are against inentitlement reform. >>> american airlines is replacing its fleet with hundreds of new planes from boeings and airbuses. the new aircraft order will replace the fleet with more fuel efficient planes. it calls for 460 planes. boeing says the new planes are 5% more fuel efficient than older generations that were bui
speaker john boehner today. not going for a big huge deal now. this is part of what chuck schumer had to say -- >> shannon: your response? >> i suspect that is more of the grand politics that you hear playing out there. because it was never put on the table. the kind of reform that john boehner has been asking for, the kind of reform i'm talking about. what was put on the table was again, tax hikes on the wealthy. so that we can do less spending reduction. we've got to get out of that paradigm. we've got to get out of the politics. some of the politics poll really well. one of the problem we're having now is pollsters are at full employment. and politicians are following what they are telling them. it's telling them on the one hand don't put social security or medicare on the table. don't talk about those things. on the other hand, just talk about taxing the rich. you will be fine. but that doesn't help us get to a solution. >> shannon: we certainly hope that you find one. we know you are busy not only with the gang of six or five or whatever it currently stands to be but with everyth
-end withdrawal dead line. there are big concerns about what will happen with the remaining 47,000 american troops pull -- when the remaining 47,000 american troops pull out. >>> the u.s. senate returns to washington, d.c. they've cancelled their holiday recess to resume the -- to resume the intense negotiations. an catastrophe is looming and so are changes to medicare. scott macfarlane has more. >> reporter: the white house is ready to offer tens of billions of dollars in cuts to medicare and medicaid to push these negotiations along. "the new york times" reporting that those cuts would squeeze government payments to hospital and to nursing homes. cuts to these so-called entitlement programs are a major sticking point in what has become very fragile negotiations. >> we wish we could keep all of the promises we've made. we don't have the money to do it. i think people realize that's the case. >> reporter: another option is to include taxes. the senate has returned to resume these negotiations. there are no the debt or -- there are no debt or budget talks. the first issue will be talks about the li
alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: twin bombings shattered the calm in a city north of baghdad today. more than three dozen iraqis were killed, with 50 or more wounded. it was the latest sign of rising violence as u.s. troops prepare to withdraw. the charred remains of a car bomb littered a street in the city of taji this afternoon. it blew up in the parking lot of a local government building, damaging nearby businesses and killing dozens of people. as ambulanc
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
a deal, it starts to weaken the white house i guess. >> reporter: a big deal of deficit reduction obviously is feeling very elusive and chances of doing something like that seem to be very slim at this point. in terms of the debt ceiling, they are very much relying on a plan being worked out by senators reed and mcconnell, top democrat and republican in the senate, to move something forward so the senate can take a lead and the house can then follow suit maybe making some changes. i think right now that's the best hope. i do want to tell you looking at the president's schedule today, it's mighty bare. his normal presidential briefing and meetings with senior advisers but certainly there's a lot of room built in there for any sort of communication he needs to do with congress. >> right. there was talk they are working through the weekend so they are doing everything possible to come to an agreement. >> over night too. >> u.s. and libya hosting secret face to face talks since the libyan conflict began four months ago. the point of the weekend meeting was to send a clear message to m
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
high marks and high praise, turns out it was all a big lie. cheating, not by students but by teachers and principals. the one man charged with cleaning it all up joins me next. ok. [ cellphone rings ] hey. you haven't left yet. no. i'm boarding now... what's up? um...would you mind doing it again? last time. [ engine turns over ] oooohhhh...sweet. [ male announcer ] the chevy cruze with the my chevrolet app. the remote control car is finally here. well, now she's just playing with us. oh. [ horn honks ] at liberty mutual, we know how much you count on your car and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life. so get the
, but it means, mr. president, that we can't be raising taxes on the job creators, and there is a big debate right now about how do we get ourselves out of this fiscal mess. i would submit to my colleagues that the real issue here is spending. if you go back to the foundation of our country, the year 1800, we were only spending 2% of our entire economic output on the government, the federal government. this year we're going to spend 24% to 25%. the historical average over the past 40 years is about 20.6%. we are dramatically higher in terms of what we are spending on our federal government as a percentage of our entire economy. to me, clearly, we don't have a revenue issue here in washington. we have a spending issue. which would suggest that we ought to get after spending, after federal spending, particularly spending that is -- is duplicative, redundant, there are so many things in the federal government that we spend money on that we need to get that waste and that -- and all those types of wasteful spending out of our spending here in washington, d.c., but we also have to focus on those
. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >>> jury selection has started in the trial of polygamist leader warren jeffs, charged with sexual assaulted on a child and bigamy. police arrested jeffs after raid on the ranch run by his church in 2008. the fundamentalist chur of jesus christ of latter day saint saints is a breakaway sect of the mormon church. gary tuchman is here to talk about this. these are the most serious charges in terms of this trial he has ever faced. >> the most tearious charges, the viewers heard about warren jeffs a long time, on the fbi ten most wanted list, he was convicted in utah of a less serious charge but overturned because of faulty jury instructions. arizona dropped their charges because arizona convicted him no longer valid, now, very serious charges two charges of sexual assault against two girls 12 and 13 years old, jeffs accused of having relationships and a baby with the 13-year-old. very serious. what
this from the beginning. it's an intriguing day. >> this is, it's a big day. >> dave: let's start with the defense. what can they do? is there anything they can stress that would perhaps save her life? is there any chance of a not guilty verdict in your opinion? >> i don't think there's any chance of a not guilty. i think the best they can do is to save her life. the defense made outrageous claims in opening, but went the other way with their defense and helped the prosecution and sputtered to the close and the rebuttal is the final knockout punch. >> clayton: is there enough for the death penalty? that seems to be the question. because premeditation is ultimately the linchpin and maybe that's taken off the table. >> i don't think so. although it isn't a sure fire went for the first degree. what happened here, i think, what you're going to have is that if jeff ashton, if he puts this together in the right way for the jury and really kind of shows them what they can disregard and why, i think they still have a great chance because the biggest thing for the first degree murder conve
and persistent summer pattern with a big ridge of high pressure entrenched over the middle part of the country. the good news is we have relief on the way for the northeast by the end of the week. the jet stream and cooler air comes in from the north. however, by the time we head into the weekend that heat, the 90s and the triple digits, building back into the northern plains so no relief in sight at all for much of the south, in particular, the southern plains and, anne, keep in mind we're coming up on what's typically the hottest time of the year and that's july. >> thanks for the warning. >>> in washington, where the prospect of a major deal on raising the debt ceiling and fix the country's budget problems seems to be slipping away. chief white house correspondent chuck todd now joins us. chuck? >> reporter: anne, it wasn't the heat, it was the debt ceiling here in washington. lots of heated rhetoric. it got ugly and even a bizarre proposal in congress that could be a back doorway to solve the crisis. here's the independent an interview with cbs about social security checks. >> i cannot gua
this is not a big deal? $800 million of aids has been suspended. >> both sides are working together on a number of things and pakistan is not happy with the pace of delivery of assistance. americans are not happy with the pace of delivery of certain deliverables from pakistan. it happens sometimes. right now because pakistan is a fledgling democracy and everything that happens there hits the media and there's an american domestic political context in which everything becomes an issue because of the way people react to your administration. this has become -- >> the reaction in pakistan to the u.s. decision to suspend at least for now $800 million in promised aid, a spokesman for the pakistani military saying in the past, we have not been dependent -- we have not been dependent on any external support for these operations. and they will. >> in 1999 there was no aid relationship. even though the u.s. and pakistan continued to work together albeit in a limited manner. it's not a good idea. it insults the people of pakistan. >> $800 million is a lot of money that can be used to build schools here in
. what is pro-big business is actually sometimes more fundamentally seen as pro-first amendment. >> i could just add a footnote to that. it is interesting that justice brier, i think it, brought this out to discuss the commercial speech issue. there are some cases in which businesses are winning and some of them as a strike me as corp. first amendment issues. citizens united is a core but first amendment speech for corporations issue. they do not seem to have much to do with the corporate governance for self expression when is someone trying to put together a lot of information about who is taking which prescription and which doctors are prescribing which so they can market their drugs more effectively. is it first amendment case, but it does not feel like one to me, or apparently justice breyer. >> the same justices that dissented, including the female justices, joined at scully of -- scalia's broad view on violent video games. they are not necessarily about how we organize ourselves either. >> they are the multi-billion dollar gaming industry. that is not the way that most people re
the discipline of the market place because their size, complexity and interconnectedness made them too big to fail under the resolution processes in place at the time. the expectation of a large financial companies enjoyed the implicit backing of the federal government allow the managers of the company to book short-term profits while ignoring the buildup of tail risk in here in a complex mortgage instruments they held. in the financial market chaos that followed the september 2008 bankruptcy of lehman brothers, the expectation of government support persistent important financial institutions, or sifis, became a really good government assistance to financial institutions took on a variety of forms. a total commitment of almost $14 trillion by the spring of 2009. direct assistance to the largest financial institutions easy to short-term crisis of confidence in the interbank market. and our financial system began to function again. the policymakers fail to effectively attack the root cause of the problem, which was the enormous backload -- backlog of unaffordable and underwater mortgage loan
are making it more difficult to get there. so i'm a big fan of the navy with one important exception that is on that saturday in november when we play the army-navy football game. >> having gone from the naval academy into the marine corp., i don't watch that game very often. so -- but it does seem to me that we are at tend of another inevitable historical cycle here when we have extended ground combat deployments that expand the size of the active duty army into the marine corp. at the expense very often of what i would call national strategic assets like our operational navy. i think i'm hearing from you that the same thing i heard from secretary panetta that the 313 ship goal for the navy is a reasonable goal. would that be correct? >> well, my ingaugements over the past three months suggest to me that it is. but again, i think we had a conversation a bit earlier about how do we keep strategy at pace with resource decisions. so that comprehensive strategy review that we're doing should it seems to me re-enforce that or cause it to think differently about it. one of the things i th
tax cuts in 2001 and 2003 to the wealthy and big corporations, the so-called job creators, didn't create jobs in the private sector. indeed, only one million net new jobs were created between 2001 and 2009. all government jobs. the private sector reported minus 600,000 jobs. so much for giving tax breaks to the private job generators. some argue against all debt, but all debts aren't bad because all debts are not the same. a $50,000 gambling debt is bad because it has no return. the last decade shows that gambling on tax cuts for the rich to create jobs was bad. gambling on two wars and not paying for them was bad. gambling on a new prescription drug law that was unpaid for was horrible. and gambling on unregulated financial institutions that failed was bad. and they resulted in a housing market collapse, slow economic growth, high unemployment and huge deficits and debts, all bad. so i think we gambled enough on the theory that budget cuts and tax cuts generate private sector jobs and more taxes. the l-a-f-f-e-r is truly a laffer. republicans are right, we do have speaning prob
Search Results 0 to 49 of about 54 (some duplicates have been removed)